North Carolina General Statutes Chapter 159D. The North Carolina Capital Facilities Financing Act § 159D-14. Tax exemption

The agency is not required to pay any taxes on any project or on any other property owned by the agency under the provisions of this Article or upon the income from the property.

The interest on bonds issued by the agency is exempt from all income taxes within the State.

All projects and all transactions for them are subject to taxation to the extent they would be subject to taxation if no public body were involved with them.